Best known for its sophisticated solar monitoring and battery calculations tools, NSW-based solar energy software provider Solar Analytics is now gearing up to develop a holistic project dubbed ‘Integrated Smart Home Energy Management, Control and Data Visibility’, as it emerged as one of the winners of the funding granted under the Cooperative Research Center Program (CRC-P).
The CRC-P, which is seeking to advance Australian industries connecting them with research organizations towards use and commercialization, has seen its 4th Selection Round wrapped up last week, within which it pledged a $1.89 million to Solar Analytics’ project, whose total value stands at $5.67 million.
With its new smart home solution, the energy technology company says it will seek to provide solar owners with even greater visibility over their energy data, and the ability to closely manage their energy usage, get more value from their system, and drive down their electricity costs.
Solar Analytics will collaborate with a number of partners to deploy the innovative software platform, including energy utilities Ergon Energy and SA Power Networks, and research partner University of New South Wales. The company will also partner with fellow Australian energy technology companies Wattwatchers, SwitchDin, and other local smart energy partners to deliver this end-to-end customer solution.
“We empower our users to navigate the changing energy landscape. The Smart Home Energy Management System will provide consumers with the holistic solution to maximize the value from their residential and commercial solar power system. We want to make living a solar-powered life simple and rewarding,” says Solar Analytics CEO Stefan Jarnason.
Earlier this year, the Australian Renewable Energy Agency (ARENA) also recognized the potential of Solar Analytics’ rooftop monitoring technology, and extended its funding support to the firm with a $2.1 million grant.
The company says it provides solar energy management services for residential and commercial solar power system owners for more than 15,000 solar premises across Australia, New Zealand and the USA.
The CRC-P 4th Selection Round will, among other 14 projects, provide a grant for a high performance energy storage technology alternative to lithium ion batteries in the amount of $1.5 million. The $3.45 million project is developed by First Graphite Limited, along with Swinburne University of Technology, Flinders University of South Australia, and Kremford (VIC) Pty Ltd.
The list of awarded projects also includes a $10.16 initiative for innovative generation of low cost, zero-emission, reliable electricity spearheaded by Amber Power Holdings Ltd, along with Mirvac Limited and the University of New South Wales, which secured a total of $3 million.
The next CRC-P selection round is slated to open in February 2018.